Huazhang Technology (1673) announced its audited results for the year ended 30 June 2025. Revenue decreased to approximately RMB430.0 million, compared to RMB448.0 million in the previous fiscal year. Gross profit amounted to about RMB74.0 million, reflecting a gross profit margin of 17.2%. The net loss was approximately RMB11.4 million, improved from a loss of RMB18.6 million last year, and no final dividend was recommended.
Segment-wise, industrial products contributed RMB272.6 million, project contracting services RMB96.0 million, environmental products RMB9.6 million, and supporting services RMB46.0 million. The property investment segment recorded rental income of RMB5.8 million. Total assets amounted to around RMB960.5 million, with non-current assets at RMB278.4 million and current assets at RMB682.1 million. Capital and reserves attributable to shareholders stood at approximately RMB413.7 million, and gearing ratio was 19.1%.
Management indicated initiatives such as permanent magnet synchronous direct drive transmission systems and digital solutions aimed at enhancing customer operations. Research and development expenses amounted to RMB23.6 million. The board highlighted ongoing technology-driven strategies and a continued focus on energy conservation, environmental compliance, and digital transformation. A final dividend was not proposed.